Microsoft has no plans to sell off its Xbox division
"I have no intent to do anything different with Xbox than we are doing today."
- Microsoft CEO Satya Nadella says that, despite calls from some investors to sell off the Xbox division, he currently has no plans to do so.
Nadella was named the new Microsoft CEO
earlier this year, taking over the role from Steve Ballmer, and he said at the time that his focus for Microsoft would be on pushing mobile and cloud services over the company's devices and services divisions.
This led some investors to believe that Microsoft may sell off its Xbox division sometime in the future -- but Nadella said at the Code Conference this week, as reported by The Verge
, that this isn't on the cards.
He added that software is "the most malleable resource," and that bringing hardware to the market will always be an essential goal for Microsoft.
"It is the thing that is really going to power all the experiences on all the devices today and tomorrow," Nadella added. "In order to be in the hunt for those experiences, and get it right, you do need to from time to time build devices, so you don't leave anything to chance."